And honestly, my background is in Forex.. Not Cryptos, however I was looking at the charts and it looks like we are finally entering into oversold territory with some sharp jolts up from the bulls. For example LTC dropped to sub $100 levels but shot back up to around $130 rapidly.
This kind of behavior paired with being oversold indicates a strong possibility of the bulls gaining control and we are seeing this across the board.
What is Forex?
That is the same as crypto exchange but for currencies.